Cambridge Associates, LLC
3.5 of 5 112 reviews
www.cambridgeassociates.com Boston, MA 1000 to 5000 Employees

Cambridge Associates, LLC Reviews

Updated Feb 12, 2014
Cambridge Associates, LLC – Boston – “A global leader of investment advisory services”

All Employees Current Employees Only

3.5 112 reviews

                             

93% Approve of the CEO

Cambridge Associates, LLC Chairman and CEO Sandra A. Urie

Sandra A. Urie

(84 ratings)

69% of employees recommend this company to a friend
16 Employee Reviews Back to all reviews
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Slow, clunky, lots of overhead

Anonymous Employee (Current Employee)
Boston, MA (US)

I have been working at Cambridge Associates, LLC full-time for more than a year

ProsWell recognized name in the industry, very intelligent people.

ConsReally slow to change, lack of investment in technology makes everything 10 times harder to complete

Advice to Senior ManagementDon't wait until it's too late to make investments in technology. The firm is paying for the lack of investment from the last 5-10 years.

Yes, I would recommend this company to a friend

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Good place to start out

Consulting Associate (Current Employee)
Singapore (Singapore)

I have been working at Cambridge Associates, LLC full-time for more than a year

Pros-Broad exposure to asset classes, especially in Alternatives
-Teamwork-orientated culture
-Flat hierarchy

Cons-Culture that does not incentivize individual outperformance
-lack of exit options vis-a-vis other roles
-lack of a progression plan

Advice to Senior Management-reorganize incentive scheme to retain top talent and cut 'deadweight' laggards
-put together a clear and definable progression plan

Yes, I would recommend this company to a friend

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Satisfactory Place to Work

Anonymous Employee (Current Employee)

I have been working at Cambridge Associates, LLC full-time for more than 10 years

ProsGood health plan, casual atmosphere. Parking and subsidized metro. Creature comforts attended to.

ConsNon-competitive salary, limited promotion potential, biased compensation structure. Demoralizing in expectations at times. Little to no interaction among departments - very compartmentalized organization. Becoming much more a company of isolated groups. Core support groups only in Boston office - limits some growth opportunities.

Advice to Senior ManagementStronger emphasis on support staff could result in better work quality and loyalty and drive to enhance/improve processes.

No, I would not recommend this company to a friend

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2 people found this helpful  

Good company, but entry level jobs are not that great

Junior Research Associate (Former Employee)
Arlington, VA (US)

I worked at Cambridge Associates, LLC full-time

Pros-Management values hard work and supports professional growth
-Helpful and genuinely caring coworkers
-Good for recent college grads because everyone is in their early 20s
-Great benefits and HR team
-The values of Cambridge and the work they do really are wonderful

Cons-Misleading job descriptions: you do no research or anything qualitative, just math and data entry
-Really not for liberal arts majors
-Limited amount of growth opportunity
-Management seriously micromanages

Advice to Senior ManagementRelax; you don't need to do what employees do every hour, there does not need to be a checklist for everything, and no one needs performance reviews every month.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Good place to start

Junior Research Associate (Current Employee)

I have been working at Cambridge Associates, LLC full-time

ProsFriendly people, opportunity to learn

ConsThe work gets old, management at times micro-manages

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OK place to work

Anonymous Employee (Former Employee)

I worked at Cambridge Associates, LLC full-time for more than 3 years

ProsGood culture, good place to work after college

ConsMiddle management needs more training

No, I would not recommend this company to a friend

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Anonymous Employee (Former Employee)

I worked at Cambridge Associates, LLC

ProsFlexible hours, good benefits, generally collegial environment. Senior level management intellectually sharp and willing to help and mentor younger consultants

ConsCompensation is probably the biggest con. They pay significantly less than comparable jobs at other firms. Also, competition within the group can get fierce as promotion time comes up.

Advice to Senior ManagementChange your compensation structure so that you're not just satisfying the most senior folks in the company. Consider your turnover rate and how that might be changed with better salaries.

Yes, I would recommend this company to a friend

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Fair

Associate (Current Employee)

I have been working at Cambridge Associates, LLC

Prosa very good position for college grads. If you wanna learn more about investment industry, maybe this is the right place for you. But not for experienced ppl cuz their pay are not as good as other company.

ConsThey have pretty crazy working hours :/ but you learned this fact when you decided to take the job...isn't it...

Advice to Senior ManagementI will said they should higher their compensation in order to keep outstanding employee, this is sad when most of the people in the office just got trained and they will leave the company by the time they can make real contributions.

Yes, I would recommend this company to a friend

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Good entry level position...

Analyst (Former Employee)
Arlington, VA (US)

I worked at Cambridge Associates, LLC

Pros- good work environment, a lot of young professionals, willing to help out others
- decent job for a college graduate
- set career path
- get to work on some interesting clients

Cons- the work itself gets very repetitive even as you progress in the career path. the only perk of progressing is you get to delegate the work to associates.
- the job is mainly data collection/entry at the associate level
- the hours can be long during the busy cycle (60+)
- compensation is pretty low (43k starting)

Advice to Senior Managementoffer better compensation and more continuous training that challenges your employees.

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Once you reach the Analyst position

Investment Performance Analyst (Current Employee)

I have been working at Cambridge Associates, LLC

ProsOnce you become an Analyst you have a lot more flexibility and leadership opportunities. Similarly, there a tons of opportunities to get involved, but you do need to be proactive and seek them out. The position is realyl what you want to make of it.

ConsTo get to the Analyst role there is a lot of time spent in the Associate and Senior position, which can be quite grueling and thankless at times. Also, promotion is only available when there is an opening, so despite exceeding expectations and ready to move on to the next step, I was stuck in the other roles longer than necessary.

Advice to Senior ManagementThere should definitely be more increases in salary. Salary is good for starting, however, it could be a year or two before you see any increase.

Yes, I would recommend this company to a friend

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Glassdoor is your free inside look at Cambridge Associates, LLC reviews and ratings - including employee satisfaction and approval ratings for Cambridge Associates, LLC CEO Sandra A. Urie. All 16 reviews are posted anonymously by Cambridge Associates, LLC employees.